NGE: Global X MSCI Nigeria ETF - MutualFunds.com
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Global X MSCI Nigeria ETF

NGE - Snapshot

Vitals

  • YTD Return 2.2%
  • 3 Yr Annualized Return -11.8%
  • 5 Yr Annualized Return -6.7%
  • Net Assets $40.4 M
  • Holdings in Top 10 70.4%

52 WEEK LOW AND HIGH

$11.61
$8.50
$13.47

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.89%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 18.79%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

Compare NGE to Popular Small Regions Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

iShares MSCI South Korea ETF

EWY | ETF

$93.44

-0.58%

$7.58 B

0.67%

$0.63

8.54%

0.59%

Fidelity® Series Canada Fund

Fund

$13.18

+0.15%

$4.92 B

1.88%

$0.25

14.11%

-

JPMorgan BetaBuilders Canada ETF

BBCA | ETF

$61.32

+0.26%

$4.87 B

-

-

126.65%

0.19%

iShares MSCI Canada ETF

EWC | ETF

$35.38

+0.23%

$3.72 B

1.82%

$0.64

13.88%

0.51%

iShares MSCI United Kingdom ETF

EWU | ETF

$32.81

+0.64%

$3.49 B

2.23%

$0.73

12.77%

0.51%

NGE - Profile

Distributions

  • YTD Total Return 2.9%
  • 3 Yr Annualized Total Return -11.8%
  • 5 Yr Annualized Total Return -6.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 6.81%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Global X MSCI Nigeria ETF
  • Fund Family Name
    Global X Funds
  • Inception Date
    Apr 02, 2013
  • Shares Outstanding
    2963208
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Nam To

Fund Description

The fund will invest at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to represent the performance of the broad Nigeria equity universe, while including a minimum number of constituents. The fund is non-diversified.

NGE - Performance

Return Ranking - Trailing

Period NGE Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% -12.3% 159.7% 85.71%
1 Yr 62.5% 20.2% 158.8% 29.82%
3 Yr -11.8%* -16.1% 18.4% 97.30%
5 Yr -6.7%* -10.0% 18.9% 97.94%
10 Yr N/A* -7.6% 12.8% N/A

* Annualized

Return Ranking - Calendar

Period NGE Return Category Return Low Category Return High Rank in Category (%)
2020 -15.1% -50.2% 268.0% 95.50%
2019 -18.3% -19.5% 46.8% 99.10%
2018 -24.6% -43.5% 14.1% 84.62%
2017 409.6% -29.3% 409.6% 1.10%
2016 -39.7% -39.7% 262.7% 100.00%

Total Return Ranking - Trailing

Period NGE Return Category Return Low Category Return High Rank in Category (%)
YTD 2.9% -10.3% 157.0% 85.71%
1 Yr 62.5% 20.2% 158.8% 29.82%
3 Yr -11.8%* -16.1% 18.4% 97.30%
5 Yr -6.7%* -10.0% 18.9% 97.94%
10 Yr N/A* -7.6% 12.8% N/A

* Annualized

Total Return Ranking - Calendar

Period NGE Return Category Return Low Category Return High Rank in Category (%)
2020 -15.1% -50.2% 48.6% 93.69%
2019 -18.3% -19.5% 46.8% 99.10%
2018 -24.6% -43.5% 14.1% 87.50%
2017 27.4% -29.3% 55.0% 28.57%
2016 -39.7% -39.7% 99.4% 100.00%

NGE - Holdings

Concentration Analysis

NGE Category Low Category High NGE % Rank
Net Assets 40.4 M 670 K 7.58 B 71.30%
Number of Holdings 24 13 746 98.26%
Net Assets in Top 10 28.5 M 424 K 3.89 B 66.96%
Weighting of Top 10 70.41% 12.4% 94.2% 8.70%

Top 10 Holdings

  1. Dangote Cement PLC 14.85%
  2. Dangote Cement PLC 14.85%
  3. Dangote Cement PLC 14.85%
  4. Dangote Cement PLC 14.85%
  5. Dangote Cement PLC 14.85%
  6. Dangote Cement PLC 14.85%
  7. Dangote Cement PLC 14.85%
  8. Dangote Cement PLC 14.85%
  9. Dangote Cement PLC 14.85%
  10. Dangote Cement PLC 14.85%

Asset Allocation

Weighting Return Low Return High NGE % Rank
Stocks 		95.78% 46.28% 107.85% 95.65%
Cash 		4.22% -0.85% 17.44% 4.35%
Preferred Stocks 		0.00% 0.00% 2.51% 31.30%
Other 		0.00% -13.99% 36.29% 33.04%
Convertible Bonds 		0.00% 0.00% 0.39% 29.57%
Bonds 		0.00% -1.30% 2.10% 27.83%

NGE - Expenses

Operational Fees

NGE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.89% 0.09% 21.28% 30.63%
Management Fee 0.68% 0.00% 1.35% 76.52%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.08% 0.15% N/A

Sales Fees

NGE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

NGE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NGE Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.79% 2.00% 372.66% 46.43%

NGE - Distributions

Dividend Yield Analysis

NGE Category Low Category High NGE % Rank
Dividend Yield 0.00% 0.00% 4.10% 73.04%

Dividend Distribution Analysis

NGE Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

NGE Category Low Category High NGE % Rank
Net Income Ratio 6.81% -2.81% 11.79% 2.68%

Capital Gain Distribution Analysis

NGE Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

NGE - Fund Manager Analysis

Managers

Nam To

Start Date

Tenure

Tenure Rank

Mar 01, 2018

3.08

3.1%

Nam To, CFA, joined Global X Management Company LLC in July 2017 as a Portfolio Management Analyst. Mr. To has been a Portfolio Manager of the Fund since March 1, 2018. Previously, Mr. To was a Global Economics Research Analyst at Bunge Limited from 2014 through 2017 and an Advisory and Investment Analyst at Horizon Capital Group from June 2013 through August 2013. Mr. To received his Bachelor of Arts in Philosophy and Economics from Cornell University in 2014.

Wayne Xie

Start Date

Tenure

Tenure Rank

Mar 01, 2019

2.08

2.1%

Wayne Xie joined the Global X Management Company LLC in July 2018 as a Portfolio Management Associate. Previously, Mr. Xie was an Analyst at VanEck Associates on the Equity ETF Investment Management team from 2010 to 2018 and a Portfolio Administrator at VanEck Associates from 2007 to 2010. Mr. Xie received his BS in Business Administration from State University of New York at Buffalo.

Kimberly Chan

Start Date

Tenure

Tenure Rank

Jun 10, 2019

1.81

1.8%

Kimberly Chan is a Portfolio Management Associate. Previously, Ms. Chan was a US Associate Trader at Credit Agricole from 2016 to 2018, and an Investment Analyst at MetLife Investments from 2015 to 2016. Ms. Chan received her Bachelor of Science from New York University in 2015.

John Belanger

Start Date

Tenure

Tenure Rank

Dec 31, 2020

0.25

0.3%

John Belanger, CFA, joined the Adviser in 2020. He currently holds the position of Senior Vice President, Head of Product Management, Head of Portfolio Management & Portfolio Administration and Chief Operating Officer with the Adviser. Mr. Belanger served as Chief Operating Officer of REX Shares, LLC from 2014-2018. Mr. Belanger graduated Rice University with a Bachelor of Arts in Mathematics and Philosophy in 2004 and graduated from the University of Texas School of Law in 2008.

Vanessa Yang

Start Date

Tenure

Tenure Rank

Dec 31, 2020

0.25

0.3%

Vanessa Yang, Portfolio Management Associate, joined the Adviser in 2016 as a Portfolio Administrator. She was appointed to the portfolio management team in June 2019. Previously, Ms. Yang was a Portfolio Administrator at VanEck Associates from 2011 to 2014. Ms. Yang received her MS in Financial Engineering from Drucker School of Management in 2010 and her BS in Economics from Guangdong University of Foreign Studies in 2008.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.24 30.63 5.88 4.96

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